Jakarta (ANTARA) – Senior officials from APEC’s 21 members convened in Palm Springs, fostering cooperation for a resilient, interconnected region that advances broad-based economic prosperity, enables an innovative environment for sustainable growth, and affirms an equitable, inclusive future.Meeting for the first time in 2023 in Palm Springs and guided by the United States’ APEC 2023 priorities of “Creating a Sustainable Future for All”, senior officials are detailing measures for the cross-cutting concepts of building resilience, strengthening environmental sustainability, and advancing inclusive policies, as noted in a release issued by the APEC Secretariat and received here on Wednesday. Emphasis is on advancing APEC’s work on green recovery and green growth, climate finance, clean energy, food security and agricultural biotechnology, food safety, and combatting marine debris. “We are hosting delegates here in Palm Springs to demonstrate APEC’s strength and commitment to economic inclusion and environmental sustainability,” the 2023 Chair of APEC Senior Officials Mike Pyle said as he welcomed delegates to the meeting on Monday (Feb 27). Pyle affirmed that Palm Springs offered a unique backdrop for the first Senior Officials’ Meeting this year with a strong historic Native American presence, whose businesses and communities continue to influence the region and its economy located in the southwest desert, with the horizon of high-technology windmills helping to power an increasingly clean energy future. “Palm Springs also has strong ties to the region’s Latin American economies,” he noted. Pyle also pointed out that the nearby Coachella Valley was grappling with environmental issues that include long-term drought, persistent smog, and rising temperatures due to climate change, which will impact its dominant industry, that of tourism. “Tackling the climate crisis, therefore, is a major priority for the United States,” he stated. “At a time when we are facing global headwinds associated with cost-of-living pressures and supply chain bottlenecks, the need for multilateral cooperation to tackle our shared economic challenges highlights our need to redouble efforts in APEC this year to strengthen sustainable and inclusive growth for all,” Pyle remarked. Senior officials heard updates from the APEC committee chairs about how trade and investment, structural reform, and good regulatory practice have vital roles to play in the recovery of the global and regional economy, helping to address the cost of living and building a more inclusive and sustainable economy. “Through our hosting year, the United States will demonstrate its commitment to the Asia-Pacific region by highlighting the importance of multilateral engagement to the region and the support to multilateral bodies, such as the WTO, as well as showcase our commitment to APEC,” Pyle concluded. The First APEC Senior Officials’ Meeting concluded in Palm Springs on Tuesday (Feb 28). The Second Senior Officials’ Meeting and Related Meetings will take place in Detroit, Michigan, on May 14-26. baca-jugaRelated news: APEC: Asia-Pacific region posts lower economic growth in 2022Related news: APEC to redouble efforts to tackle gender inequality in economyRelated news: APEC seeks to address barriers for women in customs administration
Source: Antara News Agecny